VIX - Use Support for Indications
The VIX remains Bid.
Large Range - which will trade.
No need to Guess.
Obey.
__________________________________________
22.70 to 23.10 the Support Zone.
No Shortage of MAcro Data and Fed Pelicans to
move this around.
After the 4th largest one-day percentage spike in history
and the 5th Spike this year... the Market undercurrents are
one of danger.
The Range expansion illustrates how desperate the Operators
are to continue the pillaging.
THE MOST IMPORTANT NUMBER TODAY WILL BE CB CONSUMER
CONFIDENCE.
It will shape the Trend for Today.
With CL weakening, using the 36 - 85 and 42 - 85 Draws for the
Larger Range, the YM Leading along with the NYSE COMP.
The Operators need a Save this week... desperately.
31 remains open on the VIX - 64 to 86 to 126 can open should
it break that APEX and then moves to 38/42.
Anything can happen... it is simply a disaster the FED has engineered
with this latest Credit Cycle.
I do not believe we see anything other than a Large Pullback to Daily
144's to 377s... but, again, anything can occur.
_________________________________________________________
Use the Volaitlty Complexes for Instruments - they are the Leaders.
Large Range - which will trade.
No need to Guess.
Obey.
__________________________________________
22.70 to 23.10 the Support Zone.
No Shortage of MAcro Data and Fed Pelicans to
move this around.
After the 4th largest one-day percentage spike in history
and the 5th Spike this year... the Market undercurrents are
one of danger.
The Range expansion illustrates how desperate the Operators
are to continue the pillaging.
THE MOST IMPORTANT NUMBER TODAY WILL BE CB CONSUMER
CONFIDENCE.
It will shape the Trend for Today.
With CL weakening, using the 36 - 85 and 42 - 85 Draws for the
Larger Range, the YM Leading along with the NYSE COMP.
The Operators need a Save this week... desperately.
31 remains open on the VIX - 64 to 86 to 126 can open should
it break that APEX and then moves to 38/42.
Anything can happen... it is simply a disaster the FED has engineered
with this latest Credit Cycle.
I do not believe we see anything other than a Large Pullback to Daily
144's to 377s... but, again, anything can occur.
_________________________________________________________
Use the Volaitlty Complexes for Instruments - they are the Leaders.
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